Reports Assistant
7 days ago
On-site - Mandaluyong 1-3 Yrs Exp Diploma Full-time
Job DescriptionDescriptionI. Job Summary
- Responsible for monthly conversion in reporting under Regulatory Accounting Principles (RAP) to Philippine Financial Reporting Standards (PFRS);
- Responsible for the preparation of monthly internal reports and presentation to the Senior Executive Team, Audit Committee and Board of Directors of the PFRS-based FS;
- Responsible for the preparation of Annual Audited Financial Statements (AAFS) and Quarterly Interim Financial Statements.
II. Duties and Responsibilities
- Requests monthly Statement of Financial Condition (SOC) from Regulatory Accounting Reports Department and Statement of Income and Expenses (SIE) from Financial Review and Analytics Department;
- Prepares monthly Working Balance Sheet and Working Profit or Loss from SOC and SIE obtained for PFRS reporting;
- On a monthly basis, requests schedules of loans from Loans Operations Department and International Operations Department and consolidates the schedules to come up with a consolidated loan portfolio;
- On a monthly basis, reconcile the general ledger and subsidiary ledger balances of loans and accrued interest receivables;
- On a monthly basis, estimates expected credit losses on due from other banks, Interbank Loans and RPA, Credit Cards, off-balance sheet accounts, Loans and accrued interest receivables;
- Responsible for the preparation of the monthly rollforward analysis of allowance for probable losses;
- Responsible for the preparation of the monthly unaudited financial statements in accordance with PFRS to be reported to Senior Executive Team and Audit Committee;
- Responsible for the preparation of the Annual Audited Financial Statements and Quarterly Interim Financial Statements and ensures the completeness and accuracy of the notes;
- Handles and coordinates with respective departments/branches requirements for external audit during interim and year-end audit;
- Review adjusting journal entries proposed by the external auditors and coordinate with the respective booking units to prepare support to the entries;
- Assists the institutional financial reporting department for preparing various adhoc requirements that may be requested by the Division Head or other booking units;
- Provides assistance in case one of the team is on leave;
- Addresses any review comments that might be raised by the section and department head;
- Solicits opinion or confers with external auditors, if necessary.
Please refer to job description.
Working LocationIf the position requires you to work overseas, please be vigilant and beware of fraud.
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